RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-01-15 12:20:00

CLIMATE TARGET: 1.5 DEGREES STABILISATION

CLIMATE TARGET: 1.5 DEGREES STABILISATION

PLATTS - Meeting global temperature targets is achievable but will require action in every sector of the economy, the International Energy Agency's chief said.

Sustained effort will be required, including multiple strategies, because emissions-intensive coal is still a dominant source of power in Asia, IEA executive director Fatih Birol said in a presentation Saturday.

"A host of policies and technologies will be needed across every sector to keep climate targets within reach, and further technology innovation will be essential to aid the pursuit of a 1.5 degrees [Celsius global temperature] stabilization," Birol said in Abu Dhabi.

Even as industrialized countries continue to shift away from coal in favor of natural gas and renewable energy, coal still reigns in Asia, making global emissions reductions extremely challenging, he said.

"Coal technologies remain a cost-effective technology to fuel economic growth and increase access to electricity in many of Asia's key economies," he said.

Serving to highlight this trend, Asia's share of global coal power generation has increased from just over 20% in 1991 to about 75% in 2019, Birol said.

Total global energy-related CO2 emissions stood at around 34 billion mt/year in 2019 and are on track to rise to about 45 billion mt/year by 2050 under current trends, according to IEA data.

However, under the IEA's Sustainable Development Scenario, three broad areas of policy and technology can help slash energy-related CO2 emissions to just 10 billion mt/year by 2050.

In the efficiency category, measures that could cut emissions include industrial electric motors, buildings, power, light, cars and trucks, heavy industry, air conditioning, aviation and shipping.

In the renewables category, emissions reductions can be achieved through increased use of wind, solar PV, biofuels in transport, hydro-electric power and other renewable technologies, the IEA said.

In the fuel switch, CCUS and other category, further reductions can be achieved through nuclear power, fuel switching including hydrogen, electric vehicles, carbon capture, utilization and storage in power and industry, behavioral change and resource efficiency, it said.

Speaking at the International Renewable Energy Agency assembly in the UAE, Birol said the world's energy market was "marked by a series of deep disparities between the calm in well-supplied oil markets versus deep geopolitical tensions and uncertainties".

Birol outlined the contrast between the need for rapid cuts in emissions, which continue to hit historic highs; and the promise of energy for all, while 850 million people remain without access to electricity.

"More than ever, energy decision makers need to take a hard, evidence-based look at the choices ahead," Birol said.

----- 

Log in to read the publication.

An authorized user gets access to four FREE publications per month.

You can also buy a full access to all publications of the site since January 2014.


Earlier:

NUCLEAR POWER: CLEAN RELIABLE
2020, January, 10, 11:17:00
NUCLEAR POWER: CLEAN & RELIABLE
Nuclear power provides 10% of global electricity, but to stem climate change the world is going to need far greater amounts of clean and reliable energy. To tackle climate change, 80% of all electricity will need to be low carbon by 2050.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 10, 11:05:00
GLOBAL SOLAR POWER UP
solar installations are expected to grow by an additional 142 GW in 2020 – seven times the world’s total solar installations a decade ago.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 6, 10:35:00
ASEAN RENEWABLE UP
Each of ASEAN’s 10 members have set targets for renewable energy, and technological innovations such as better solar power efficiency and floating solar panels means that renewable energy is now more accessible than ever before.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2019, December, 20, 10:15:00
COAL DEMAND WILL STABLE
Electricity generation from coal will rise only marginally over that period, at less than 1% per year – and its share will decline from 38% in 2018 to 35% in 2024. This means coal remains by far the single largest source of power supply worldwide.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2019, December, 13, 10:15:00
NUCLEAR POWER IS A KEY
The use of nuclear power will need to increase to decarbonise electricity production, IAEA Director General Rafael Mariano Grossi said today at a side event during the United Nations COP25 climate summit in Madrid. Meeting sustainability and climate goals requires a significant use of nuclear energy, he said.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2019, December, 11, 10:30:00
CARBON PRICES FOR CLIMATE
“Well-designed carbon pricing instruments can be a transformative part of the climate action toolkit. Over half of countries worldwide are thinking about how carbon pricing can help them meet their climate targets”, said Laura Tuck, Vice President of Sustainable Development, World Bank.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2019, December, 9, 13:05:00
NUCLEAR POWER FOR CLIMATE
recent reports from the Intergovernmental Panel on Climate Change (IPCC), the International Energy Agency (IEA), and the World Energy Council have all highlighted nuclear power's role in the energy transition;
All Publications »
Tags: CLIMATE, ENERGY, COAL
Chronicle:
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:22:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:21:00
RUSSIA'S LNG INVESTMENT PROJECTS
Experts expect LNG production growth in Russia. By 2024, the projected export growth is up to 47,9 million tonnes. The latest news on encouraging LNG application in the country reveals that Russian shipping companies are switching to fuel with low sulphur and nitrogen content starting from 1 January 2020.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:20:00
JAPAN'S OIL STOCKS UP 28%
The crude stocks held by Saudi Arabia and Abu Dhabi were 1.41 million kiloliters, or 8.87 million barrels, at the end of November, equating to four days of Japanese oil consumption, up from 1.1 million kiloliters a month earlier, according to data released Wednesday by the Ministry of Economy, Trade and Industry.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:15:00
NETHERLAND'S GRONINGEN GAS DOWN
A production cap has been put in place to prevent earthquakes linked to gas extraction at Groningen and the Dutch government plans to phase out gas extraction at the field completely by mid-2022.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:10:00
LEVIATHAN'S GAS BEGINING
In its first development phase, Leviathan has a production capacity of 1.2 Bcf/d (34 million cu m/d).
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:05:00
NOVATEK PRODUCTION +7.5%
In 2019, NOVATEK’s hydrocarbon production totaled 590.1 million barrels of oil equivalent (boe), including 74.70 billion cubic meters (bcm) of natural gas and 12,148 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 41.0 million boe, or by 7.5% as compared with the twelve months 2018.
CLIMATE TARGET: 1.5 DEGREES STABILISATION
2020, January, 17, 11:00:00
U.S. RENEWABLES UP
Solar and wind power use has grown at a rapid rate over the past decade or so, but as of 2018 those sources accounted for less than 4% of all the energy used in the U.S.
All Publications »